State Street Global Advisors Announces Impact of Receiving Payment

The SPDR Exchange Traded Funds (ETFs) listed in the table below, announced today that each Fund received a payment as an authorized claimant from a class action settlement. The SPDR S&P Oil & Gas Equipment & Services ETF (XES) received payment related to Willbros Group, Inc. (NYSE: WG)*. The SPDR S&P Regional Banking ETF (KRE) received payment related to Wilmington Trust Corporation (NYSE: WL)**.

The payment to be received by each Fund is listed below. When the Funds calculate their net asset value (“NAV”) per share on Friday, December 6, 2019, it is estimated that each Fund’s NAV will be impacted by the amount stated below based on shares outstanding as of December 4, 2019.

Fund	Payment Amount	Shares Outstanding as of December 4, 2019	Per Share Impact
SPDR S&P Oil & Gas Equipment & Services ETF (XES)	$23,878	22,650,000	$0.0011
SPDR S&P Regional Banking ETF (KRE)	$2,452,499	37,002,585	$0.0663

* Delisted. The NYSE Regulation determined that the Company is no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the Listed Company Manual.

** Acquired by M&T Bank Corporation (NYSE: MTB) in May 2011

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 and has remained on the forefront of responsible innovation, as evidenced by the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income, and sector ETFs. For more information, visit www.spdrs.com.